Wells Fargo profit beats, but shares fall on interest income
Wells Fargo reported stronger-than-expected Q4 profit, but its stock fell as net interest income missed forecasts. The mixed results highlight challenges for major banks.
Category : Search result: Canadian corporate profits
Maple Leaf Foods forecasts 2026 revenue growth, ups dividend
Maple Leaf Foods announces a mid-single-digit revenue growth target for 2026 and a dividend increase, signaling confidence in its strategic plan. Read the latest business update.
Groupe Dynamite Updates 2025 Financial Guidance
Montreal-based fashion retailer Groupe Dynamite has revised its financial outlook for the 2025 fiscal year. Discover the updated projections and market context.
The High Cost of Inaction in Employment Disputes
Employment lawyer Howard Levitt warns Canadian boards that delaying personnel decisions is now a major governance risk, leading to escalated disputes and liability. Read his analysis.
Nova Scotia Non-Profits Face Critical Post-Holiday Period
Despite holiday generosity, Nova Scotia charities like Souls Harbour Rescue Mission enter their most challenging season. Learn about the critical need for sustained support in 2026.
Ex-Ambassador David MacNaughton Joins CIBC as Adviser
Former Canadian ambassador to the U.S., David MacNaughton, has been appointed as a strategic adviser to CIBC, bringing decades of government and business expertise to the bank's leadership.
Linamar closes $72M German iron casting plant acquisition
Canadian manufacturer Linamar Corp. has completed its acquisition of a German iron casting facility for approximately $72 million, marking a strategic expansion in Europe. Learn the details of the deal.
AI Spending, Profits, and Fed Rate Cuts Key to 2026 Stocks
Market experts forecast a strong 2026 for equities, driven by corporate AI investment, robust earnings, and anticipated Federal Reserve interest rate reductions. Discover the outlook shaping the investment landscape.
BlackBerry reports Q3 profit of US$13.7 million
Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.
Transat reports $12.5M Q4 loss after year-ago profit
Air Transat parent company Transat A.T. reported a $12.5 million loss in its fourth quarter, a sharp reversal from a $41.2 million profit a year earlier. The results highlight ongoing challenges in the aviation sector.
Ray Gilmour Named CEO of Alberta Investment Manager
The Alberta Investment Management Corporation board has announced the appointment of Ray Gilmour as its new CEO. Discover the leadership change at one of Canada's largest institutional investors.
Microsoft to increase Microsoft 365 prices for commercial clients
Microsoft announces a global price increase for its Microsoft 365 productivity suites for business and government customers, effective July 2026. Learn what this means for Canadian organizations.
BRP Q3 profits jump 150% as trade uncertainty looms
Ski-Doo maker BRP reports strong Q3 profits of $76.5M, but CEO warns cross-border trade with the U.S. remains a major concern. Read about the company's strategy and outlook.
Canfor Corp. Makes Offer for Remaining Canfor Pulp Stake
Canfor Corp. has made a formal offer to acquire the remaining stake in Canfor Pulp it does not already own, a major consolidation move in the Canadian forestry sector. Read the details.
BMO Beats Earnings Expectations, Raises Dividend
Bank of Montreal surpasses Q4 earnings estimates, driven by wealth management and capital markets. The bank announces a dividend increase to $1.67 per share. Read the full analysis.
Telus Halts Dividend Increases, Focuses on Share Price
Telus Corp. suspends its dividend growth plan, prioritizing share price alignment with growth prospects. The telecom giant expects free cash flow to rise. Full details inside.
Canada's Wealthiest Families Buy HBC Charter for $18M
The Thomson and Weston families' joint $18 million bid for the historic Hudson's Bay Company Royal Charter goes uncontested. The document will be donated to Canadian museums. Read the full story.
Gildan completes HanesBrands acquisition, doubling size
Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.
Péladeau demands board seat at Transat
Quebecor CEO Pierre Karl Péladeau pushes for changes on Transat's board of directors, seeking a seat for himself. Get the latest on this corporate power play.
Péladeau calls for Transat shareholders' meeting
Quebecor CEO Pierre Karl Péladeau has formally requested a shareholders' meeting for Transat A.T. Inc., signaling a potential strategic shift. Explore the implications for Canadian business.
Boehringer Ingelheim Names New Board Member for IT
Boehringer Ingelheim announces Harsha Deshmukh's appointment to Board of Managing Directors for IT and Global Business Services effective February 2026.
Calgary Council Debates Office Conversion Incentives
Calgary city council debates $200M office conversion program amid criticism it's corporate welfare. Budget 2026 housing initiatives face scrutiny as councillors question developer incentives.
Bitget CMO Details UEX Strategy at Crypto Conference
Bitget CMO Ignacio Aguirre explains the Universal Exchange strategy at Aus Crypto Con 2025 in Sydney, highlighting security and corporate crypto adoption trends.
Shopify lays off staff to keep team focused
Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.
WSIB Moves into New London Headquarters
The Workplace Safety and Insurance Board establishes its new London headquarters at 300 Tartan Drive, marking a significant development for the city's business landscape.
Calian Group Reports $20.6M Q4 Profit, Revenue Up 12%
Calian Group announces strong Q4 results with a $20.6 million profit and 12% revenue growth. Discover the key drivers behind this performance and the company's outlook.
Crypto Hoarders Dump Tokens Amid Market Rout
Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.
Court expands Evergrande asset freeze on ex-wife's $220M
A Hong Kong court has strengthened an injunction freezing $220M in assets of Evergrande founder's ex-wife across Canada and other jurisdictions, aiding liquidators in the massive corporate collapse.
Barrick Mining Lead Director Ben van Beurden Resigns
Ben van Beurden steps down as lead director of Barrick Gold Corp. Learn about the leadership transition and its implications for Canada's mining sector.
Campbell's VP sued over 'poor people' food comments
A Campbell's VP is accused of trashing the company's food as 's*** for poor people' in a recorded rant. The employee who reported it is now suing for wrongful termination.
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